Call Sales: +44(0)175 347 1040

RapidSwitch News

RapidSwitch News

iomart Group invests in expansion of Maidenhead data centre

27/11/2012

RapidSwitch parent company iomart Group plc (AIM:IOM), today announced a positive set of consolidated half yearly results for the period ended 30 September 2012.

The financial highlights are: 29% growth in revenue to £19.9m (H1 2012: £15.4m); 66% rise in pre-tax profits to £4.9m (H1 2012: £3m); adjusted EBITDA1 growth of 51% to £7.6m (h1 2012: £5.0m); and cashflow from operations increased by 54% to £6.4m (H1 2012: £4.1m).

The Group also announced plans to add another 1486 sq m (16,000 sq ft) of capacity to the RapidSwitch data centre in Maidenhead to ensure the continued supply of high quality data centre space. This will be fitted out to a high specification over the next 12 months.

Operational highlights for the previous six months included the purchase of three web hosting companies, including Melbourne Server Hosting in Manchester, and the investment in a high-speed, resilient UK fibre network connecting iomart's seven data centre locations.

Angus MacSween, CEO of iomart Group plc, said: "This has been another excellent trading period for iomart, delivering substantial growth both organically and through successful acquisitions. Trading in the second half of the year has begun well as the trend to outsource more and more services and infrastructure into the cloud accelerates. We continue to invest in our skills, product sets and infrastructure to deliver an increasing range and depth of cloud services and expect to continue the growth we have recently enjoyed. We therefore look forward with confidence."

RapidSwitch on Twitter
See all Tweets
See our Vacancies

We're always on the look out for technical and sales individuals – if you think you have the right attributes then we'd love to hear from you, send us your CV or apply for current opportunities.

See our Vacancies

Case Studies & Testimonials

Multiplay

Multiplay is a gaming services company with an exceptional reputation for multiplayer games hosting.

Read more...

Barton Willmore

RapidSwitch provides secure dedicated hosting for the UK’s leading integrated planning and design consultancy Barton Willmore.

Read more...

Webx

Innovative London development agency Webx specialise in Joomla!™ They developed a brand new website to support the charity Missing People. View Video

Documents Online

Documents Online are dedicated to making electronic document management (EDM) affordable and available to organisations of all sizes, from SME’s upwards.

Read more...

TrueAchievements

High speed hosting from RapidSwitch helps Xbox gamers social network TrueAchievements hit big numbers.

Read more...

Total Radio Solutions

Total Radio Solutions produce & host bespoke live radio stations for commercial & private companies across the UK, Europe and the Middle East.

Read more...

PageTiger

PageTiger is the fastest growing online publishing platform in the UK. Read more...

Isotoma

Isotoma have a requirement for fast storage – from SSD, RapidSwitch has now helped Isotoma utilise Fusion-IO cards for its biggest applications. Read more...

Livestation

A video case study from Livestation. View Video

Joomla Wired

The world’s 1st dedicated server environment for Joomla!™ is hosted by RapidSwitch. Read more...

Plancake

RapidSwitch gives start-up business Plancake the right hosting mix. Read more...

Streaming Wizard

Streaming Wizard turns to RapidSwitch for flexible bandwidth. Read more...

I have been looking over your control panel for a few hours now, and I am really impressed with your work. I have changed between over 7 hosting companies since 1999 searching for reliable servers and good support. Congratulations on your control panel, it's really useful and easy-to-use, and also your support staff seem to be very good and helpful!

Mike Vassileiou - DataHost